PIP stands for Protected Investment Portfolio. PIP is a solution to the problem of balancing risk and return. When markets are performing well, your portfolio is allocated to a growth asset. When markets fall, assets are gradually allocated into a safe asset.
80% Protection Lock-In from day one. Each individual account is rebalanced on a daily basis in line with market performance and volatility. If the PIP value ever falls below the protected value, a gap payment is made in cash to the account the next day.
The protected value for each individual investor will always be 80% of the highest ever fund units value of the account.
For more information visit the PIP page on our website or contact your financial adviser.